Understood from real world it’s common to see the management uses manager universes as benchmark.
But from CFA curriculum, there is only one advantagne.
- Measurable ( It’s also the comoon advantange for other benchmarks, For example, broad market index, style index…)
Do we miss anything? Thanks.
But from CFA curriculum, there is only one advantagne.
- Measurable ( It’s also the comoon advantange for other benchmarks, For example, broad market index, style index…)
Do we miss anything? Thanks.